Housing Prices in Central Pennington, SD

How much do homes in Central Pennington, SD cost?

Median List Price

$369,000

$187/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$24,100(+7.0%)

Key Takeaway

The list price of homes in Central Pennington has increased by 7% since last year.

Summary: The median home list price in Central Pennington was $369,000 in April 2024, up 7% from the previous year, and the median price per square foot was $187.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $339.9K$302.5K
-11.0%
3 $329.9K$329K
-0.3%
4 $359.9K$399.9K
+11.1%
5+ $382K$489.5K
+28.1%

Summary: Central Pennington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 28.1%.

Median List Price Compared To Nearby Cities

Rapid City
+11.9%
Central Pennington
+7.0%
Box Elder
+6.5%
Rapid City East
-0.4%

Housing Supply in Central Pennington, SD

How many homes are available in Central Pennington, SD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3052+73.3%

Summary: The Central Pennington real estate market had 52 homes for sale in April 2024, a 73.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 815
+87.5%
4 1324
+84.6%
5+ 68
+33.3%

Summary: The Central Pennington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 84.6%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Central Pennington, SD

How long does it take to sell a home in Central Pennington, SD?

Average Listing Age

Apr 2023Apr 2024CHANGE
63 Days54 Days-14.7%

Summary: Homes in Central Pennington had an average listing age of 54 days in Apr 2024, down by 14.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Central Pennington, SD

Nearby Markets to Central Pennington, SD

What housing markets are near Central Pennington, SD?